Parity doesn't know the ETA of $164M issue fix

According to new statement of well known Ethereum Multi-Sig Wallet, "there is no timeline" for proposal that can defroze users' funds
16 November 2017   1201

The team of well known Ethereum wallet released new statement, reegarding the frozen funds. It is worth noting that frozen funds are estimated for $164M.

Parity is working on several proposals to improve the Ethereum platform (EIP), which could unlock the funds. But so far no time can be called for when such a proposal for improvement can be implemented.

We deeply regret the situation and we are working hard on several Ethereum improvement proposals(EIPs), both contributing to previously existing ones and suggesting new ones that have the potential to unblock funds. These improvement proposals will also address general cases of blocked funds.
There is no timeline for when such an improvement proposal could be implemented; we will follow the will of the community and go through the regular EIP process like any other protocol improvement. Parity Technologies will handle much of the development work around these proposals and work constructively with the Ethereum Foundation team and the community towards further protocol layer development. We are committed to the continued development of Ethereum.
 

Parity Team

As a result of the activation of the vulnerability on November 6, funds were blocked on 587 wallets for a total of 513774.16 ETH.

Among the victims there were 16 major ICO: Polkadot, ICONOMI, Musiconomi, Moeda, Centrality and others.

Parity to Create Alternative Client for Zcash

New node will be written in the Rust language and will become the first alternative client for zcashd
20 March 2019   247

A leading developer of ecosystem solutions for Ethereum, Parity Technologies has announced a partnership with the Zcash Foundation. As part of this cooperation, the first alternative client for the private cryptocurrency Zcash will be created.

The message notes that the new node will be written in the Rust language and will become the first alternative client for zcashd - own client of Zcash Company.

In addition, according to the Zcash Foundation, Parity's expertise in creating the implementation of network nodes in networks with multiple clients demonstrated the importance of developing communities and further decentralization.

Our technical collaboration with the Zcash Foundation will bolster the cryptocurrency as a tool for financial privacy. We’re excited to leverage the time and expertise that we’ve already invested in Parity Bitcoin, while familiarizing our engineers with zero-knowledge cryptography and building a foundation for a Polkadot Zcash bridge.
 

Fredrik Harrysson

CTO, Parity

On Tuesday, March 19, the Chinese manufacturer of equipment for mining cryptocurrency Bitmain introduced the device Antminer Z11 based on a 12-nm chip. The new miner is focused on mining ZCash and other cryptocurrencies based on the Equihash algorithm, and as Bitmain claims, it is three times more powerful than its predecessor Antminer Z9 mini.